Sunday May 31, 2020

US Treasuries snap loss as stimulus expected from Fed

Treasuries snapped a loss as economists predicted a Federal Reserve statement today will show US growth is weak enough to justify a fresh round of stimulus from the central bank.

13th September, 2012
The US Federal Reserve.

Treasuries snapped a loss as economists predicted a Federal Reserve statement today will show US growth is weak enough to justify a fresh round of stimulus from the central bank.

The Fed will probably implement a third series of bond purchases known as quantitative easing and extend its zero-interest-rate policy into 2015, according to almost two-thirds of economists in a Bloomberg News survey. Benchmark 10-year rates were 37 basis points from the record low, reflecting...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago